Vietnam is the world's leading spice exporter

Published Aug 25, 2023

Tridge summary

Vietnam exports a variety of spices, including chili, cloves, ginger, and cardamom, to markets such as the United States, EU, China, India, and the Middle East. The total export value of pepper and spices from Vietnam reached over $1.4 billion in 2020, with a target of reaching $2 billion by 2025. The country is focusing on developing organic farming for spices, with one district in Cao Bang province achieving international organic certification for its cinnamon and star anise cultivation.

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Original content

In addition, other condiments also occupy an important position such as: chili, cloves, ginger, cardamom.... The import markets of Vietnamese spices are also increasingly diverse such as the United States, EU, China, India and Middle East. According to economic experts, Vietnam still has a lot of room for the development of spice products. Last year, the total export value of pepper and spices from Vietnam reached more than 1.4 billion USD. This industry has set an export target of 2 billion USD by 2025. According to data from the General Department of Forestry, the export value of cinnamon - star anise has continuously increased, reaching more than 245 million USD in 2020, reaching more than 245 million USD in 2021. about 274 million USD, accounting for more than 8.3% of fruit and vegetable export turnover. Last year it increased to $276 million. This result plays an important role in determining whether the raw material areas are converted to organic or organic direction. This ...

Source: Vinanet